Fdi In Mauritius And Sub Saharan Africa Assessing The Spillovers Effect In A Dynamic Framework

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Making Foreign Direct Investment Work for Sub-Saharan Africa

Author : Thomas Farole,Deborah Winkler
Publisher : World Bank Publications
Page : 302 pages
File Size : 49,5 Mb
Release : 2014-01-13
Category : Business & Economics
ISBN : 9781464801266

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Making Foreign Direct Investment Work for Sub-Saharan Africa by Thomas Farole,Deborah Winkler Pdf

This book presents the results of a groundbreaking study on ‘spillovers’ of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.

Special Economic Zones in Africa

Author : Thomas Farole
Publisher : World Bank Publications
Page : 328 pages
File Size : 54,6 Mb
Release : 2011-01-01
Category : Business & Economics
ISBN : 9780821386392

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Special Economic Zones in Africa by Thomas Farole Pdf

"This book, designed for policymakers, academics and researchers, and SEZ program practitioners, provides the first systematic and comprehensive analysis of SEZ programs in Sub-Saharan Africa. It is the result of detailed surveys and case studies conducted during 2009 in ten developing countries, including six in Sub-Saharan Africa. The book provides quantitative evidence of the performance of SEZs, and of the factors which contribute to that performance, highlighting the critical importance not just of the SEZ itself but of the wider national investment climate in which it functions. It also provides a comprehensive guide to the key policy questions that confront governments establishing SEZ programs, including: if and when to launch an SEZ program, what form of SEZ is most appropriate, and how to go about implementing it. Among the most important findings from the study that is stressed in the book is the shift from traditional enclave models of zones to SEZs that are integrated ? with national trade and industrial strategies, with core trade and social infrastructure, with domestic suppliers, and with local labor markets.Although the book focuses primarily on the experience of Sub-Saharan Africa, its lessons will be applicable to developing countries around the world."

Managing Volatile Capital Flows: Experiences and Lessons for Sub-Saharan African Frontier Markets

Author : Cheikh A. Gueye,Mr.Javier Arze del Granado,Mr.Rodrigo Garcia-Verdu,Mr.Mumtaz Hussain,Mr.B. Jang,Mr.Sebastian Weber,Mr.Juan S Corrales
Publisher : International Monetary Fund
Page : 39 pages
File Size : 44,7 Mb
Release : 2014-03-26
Category : Business & Economics
ISBN : 9781616358440

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Managing Volatile Capital Flows: Experiences and Lessons for Sub-Saharan African Frontier Markets by Cheikh A. Gueye,Mr.Javier Arze del Granado,Mr.Rodrigo Garcia-Verdu,Mr.Mumtaz Hussain,Mr.B. Jang,Mr.Sebastian Weber,Mr.Juan S Corrales Pdf

During the past three years the frontier markets of sub-Saharan Africa have received growing amounts of portfolio capital flows, with heightened interest from foreign investors. Compared with foreign direct investment, portfolio capital flows tend to be more volatile, and thus pose challenges for sub-Saharan African frontier markets. This study examines the evolution of capital flows since 2010 and discusses the policies these countries have designed to reduce risks from the inherent volatility of these flows.

How Do Climate Shocks Affect the Impact of FDI, Oda and Remittances on Economic Growth?

Author : Alassane Drabo
Publisher : Unknown
Page : 0 pages
File Size : 55,5 Mb
Release : 2023
Category : Electronic
ISBN : OCLC:1398440184

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How Do Climate Shocks Affect the Impact of FDI, Oda and Remittances on Economic Growth? by Alassane Drabo Pdf

The three main financial inflows to developing countries have largely increased during the last two decades, despite the large debate in the literature regarding their effects on economic growth which is not yet clear-cut. An emerging literature investigates the dependence of their effects on some country characteristics such as human and physical capital constraint, macroeconomic policy and institutional capacity. This paper extends the literature by arguing that climate shocks may undermine the effect of Foreign Direct Investment (FDI), official development assistance (ODA) and migrants' remittances on economic expansion. Based on neoclassical growth framework, the theoretical model indicates that FDI, ODA, and remittances improve economic growth, and the size of the effect increases with good absorptive capacity. However, climate shocks reduce this positive effect of financial flows in developing countries. Using a sample of low and middle-income countries from 1995 to 2018, the empirical investigation confirms the theoretical conclusions. Developing countries should build strong resilience to climate change. Actions are also needed at global level to reduce greenhouse gases emissions, and build strong structural resilience to climate shocks especially in developing countries.

Regional Economic Outlook, October 2012, Sub-Saharan Africa

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
Page : 119 pages
File Size : 45,9 Mb
Release : 2012-10-15
Category : Business & Economics
ISBN : 9781475510799

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Regional Economic Outlook, October 2012, Sub-Saharan Africa by International Monetary Fund. African Dept. Pdf

Economic conditions in sub-Saharan Africa have remained generally robust despite a sluggish global economy. The near-term outlook for the region remains broadly positive, and growth is projected at 51⁄4 percent a year in 2012-13. Most low-income countries are projected to continue to grow strongly, supported by domestic demand, including from investment. The outlook is less favorable for many of the middle-income countries, especially South Africa, that are more closely linked to European markets and thus experience a more noticeable drag from the external environment. The main risks to the outlook are an intensification of financial stresses in the euro zone and a sharp fiscal adjustment in the US--the so-called fiscal cliff.

New Growth Drivers for Low-Income Countries - The Role of the BRICs

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 64 pages
File Size : 42,8 Mb
Release : 2011-12-01
Category : Business & Economics
ISBN : 9781498339469

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New Growth Drivers for Low-Income Countries - The Role of the BRICs by International Monetary Fund Pdf

The emergence of BRICs—Brazil, Russia, India, and China—is reshaping low-income countries’ (LICs) international economic relations. While industrial countries remain LICs’ dominant development partners, LIC-BRIC ties have increased so rapidly over the past decade that BRICs have become new growth drivers for LICs. Trade with BRICs is already close to half of the value of combined trade with the European Union and the United States, and larger than with other emerging market economies. BRIC FDI and development financing are making a significant impact in some key areas despite their relatively small volumes compared with those from advanced countries. Beyond the increased flows of goods and capital, BRICs have brought new dynamics in LICs’ economic relations with the rest of the world, complementing as well as competing with OECD partners. Nevertheless, while potential benefits from the LIC-BRIC ties are enormous, there are challenges and risks in realizing such benefits.

Financial Development in Sub-Saharan Africa

Author : Mr.Montfort Mlachila,Ahmat Jidoud,Ms.Monique Newiak,Bozena Radzewicz-Bak,Ms.Misa Takebe
Publisher : International Monetary Fund
Page : 79 pages
File Size : 42,7 Mb
Release : 2016-09-14
Category : Business & Economics
ISBN : 9781475532401

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Financial Development in Sub-Saharan Africa by Mr.Montfort Mlachila,Ahmat Jidoud,Ms.Monique Newiak,Bozena Radzewicz-Bak,Ms.Misa Takebe Pdf

This paper discusses how sub-Saharan Africa’s financial sector developed in the past few decades, compared with other regions. Sub-Saharan African countries have made substantial progress in financial development over the past decade, but there is still considerable scope for further development, especially compared with other regions. Indeed, until a decade or so ago, the level of financial development in a large number of sub-Saharan African countries had actually regressed relative to the early 1980s. With the exception of the region’s middle-income countries, both financial market depth and institutional development are lower than in other developing regions. The region has led the world in innovative financial services based on mobile telephony, but there remains scope to increase financial inclusion further. The development of mobile telephone-based systems has helped to incorporate a large share of the population into the financial system, especially in East Africa. Pan-African banks have been a driver for homegrown financial development, but they also bring a number of challenges.

Egalitarian Capitalism

Author : Lane Kenworthy
Publisher : Russell Sage Foundation
Page : 241 pages
File Size : 53,6 Mb
Release : 2004-07-08
Category : Business & Economics
ISBN : 9781610443357

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Egalitarian Capitalism by Lane Kenworthy Pdf

Declining participation in labor unions, the movement toward a service-based economy, and increased globalization have cast doubt on the extent to which welfare states can continue to stem inequality in market economies over the long-term. Does the new economy render existing models of social assistance obsolete? Do traditional welfare states hamper economic and employment growth, thereby worsening the plight of the poor? Lane Kenworthy offers a rigorous empirical analysis of these questions in Egalitarian Capitalism. The book examines sixteen industrialized countries in North America, Western Europe, and Scandinavia—each with different approaches to assisting the poor—to see how successful each has been in developing its economy and curbing inequality over the past twenty years. Kenworthy finds that inequality grew in almost all of these countries, from the most progressive to the least. Using simple but powerful statistical tests, he assesses the theory that inequality is necessary to improve economic growth and reduce poverty. He finds no necessary trade-off between equality and economic growth but discovers some evidence that high minimum wages dampen employment growth in private sector services. Kenworthy suggests that without greater private sector employment, public supports may be unable to adequately sustain living standards for the poor. An equitable growth strategy necessitates a balance of policy options: Creating jobs is aided by loose employment regulation, low payroll taxes, and, in some cases, lower real wages for workers at the bottom of the income spectrum. However, high employment is also facilitated by a system that "makes work pay" with earnings subsidies, workplace flexibilities, financial support for those who are between jobs or unable to work, and universal health and child care coverage. Kenworthy suggests that these strategies, though generally presented as mutually exclusive, could be effectively combined to create a robust, fair economy. Egalitarian Capitalism addresses fundamental questions of national policy with rigorous scholarship and a clarity that makes it accessible to any reader interested in the alleged trade-off between social equity and market efficiency. The book analyzes the viability of traditional welfare regimes and offers sustainable options that can promote egalitarian societies without hampering economic progress. A Volume in the American Sociological Association's Rose Series in Sociology

Foreign Direct Investment and Poverty Reduction

Author : Michael U. Klein,Carl Aaron,Bita Hadjimichael
Publisher : World Bank Publications
Page : 50 pages
File Size : 44,8 Mb
Release : 2001
Category : Crecimiento economico
ISBN : 8210379456XXX

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Foreign Direct Investment and Poverty Reduction by Michael U. Klein,Carl Aaron,Bita Hadjimichael Pdf

In the 1990s, foreign direct investment began to swamp all other cross-border capital flows into developing countries. Does foreign direct investment support sound development? In particular, does it contribute to poverty reduction?

Doing Business 2020

Author : World Bank
Publisher : World Bank Publications
Page : 241 pages
File Size : 49,8 Mb
Release : 2019-11-21
Category : Business & Economics
ISBN : 9781464814419

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Doing Business 2020 by World Bank Pdf

Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.

Structural change, fundamentals, and growth : a framework and case studies

Author : McMillan, Margaret ,Rodrik, Dani,Sepúlveda, Claudia
Publisher : Intl Food Policy Res Inst
Page : 328 pages
File Size : 46,6 Mb
Release : 2017-05-11
Category : Political Science
ISBN : 9780896292147

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Structural change, fundamentals, and growth : a framework and case studies by McMillan, Margaret ,Rodrik, Dani,Sepúlveda, Claudia Pdf

Private Finance for Development

Author : Hilary Devine,Adrian Peralta-Alva,Hoda Selim,Luc Eyraud,Preya Sharma,Ludger Wocken
Publisher : International Monetary Fund
Page : 161 pages
File Size : 40,9 Mb
Release : 2021-05-14
Category : Business & Economics
ISBN : 9781513571560

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Private Finance for Development by Hilary Devine,Adrian Peralta-Alva,Hoda Selim,Luc Eyraud,Preya Sharma,Ludger Wocken Pdf

The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.

Assessing Aid

Author : Anonim
Publisher : World Bank Publications
Page : 164 pages
File Size : 42,5 Mb
Release : 1998
Category : Political Science
ISBN : 0195211235

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Assessing Aid by Anonim Pdf

Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.

Assessing Regional Integration in Africa V

Author : Anonim
Publisher : UN
Page : 166 pages
File Size : 42,7 Mb
Release : 2012
Category : Africa
ISBN : UIUC:30112112775041

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Assessing Regional Integration in Africa V by Anonim Pdf

The fifth of the series (ARIA/V) has come at a time of renewed enthusiasm for shortening the period of the vision of the Abuja Treaty. Its overall objective is to provide an analytical research publication that defines frameworks for African Governments, the African Union and the Regional Economic Communities, towards accelerating the establishment of the African Common Market through: the speedy removal of all tariff and non-tariff barriers, obstacles to free movement of people, investments and factors of production in general across Africa, and through fast-tracking the creation of an African continental Free Trade Area